H&R Block, Inc. ($HRB) 2Q21 Earnings Sneak Preview

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H&R Block, Inc. (NYSE:HRB) provider of tax preparation and other services, is expected to report second quarter earnings results, before market open, on Tuesday 8th December 2020.

Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.94 per share from revenue of $ 163.68 million.

Looking ahead, the full year income are expected at $ 3.33 per share on the revenues of $ 3553.82 million.

Previous Quarter Performance

H&R Block, Inc. recorded income for the first quarter of $ 0.55 per share, from the revenue of $ 601.03 million. Wall street analysts are predicting, HRB to report 1Q21 income of $ 0.50 per share from revenue of $ 617.03 million. The bottom line results beat street analysts by $ 0.05 or 10.00 percent, at the same time, top line results fell short of analysts by $ 16 million or 2.59 percent.

Stock Performance

Shares of H&R Block, Inc. traded low $ -0.49 or -2.69 percent on Monday, reaching $ 17.70 with volume of 3.03 million shares. H&R Block, Inc. has traded high as $ 18.18 and has cracked $ 17.51 on the downward trend

According to the previous trading day, closing price of $ 17.70, representing a 61.12 % increase from the 52 week low of $ 11.29 and a 27.56 % decrease over the 52 week high of $ 25.11.

The company has a market capital of $ 3.41 billion and is part of the Consumer Cyclical sector and Personal Services industry.

Conference Call

H&R Block, Inc. will be hosting a conference call at 10:00 AM eastern time on 8th December 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.hrblock.com

H&R Block, Inc., through its subsidiaries, provides assisted income tax return preparation, do-it-yourself (DIY) tax, and virtual tax preparation services and products to the general public primarily in the United States, Canada, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or by franchisees. It also develops and markets DIY income tax preparation software online, as well as through third-party retail stores and direct mail; and provides DIY tax services, including preparation of federal and state income tax returns, access to tax tips, advice and tax-related news, use of calculators for tax planning, and error checking and electronic filing.